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July 20- Lockheed Martin Corp, the Pentagon's largest arms supplier, reported a better-than-expected 4.5 percent rise in quarterly profit and said it could spin off or sell its government IT and technical services businesses. Lockheed, which reported quarterly results a day earlier than scheduled to coincide with the announcement of the Sikorsky...

HARTFORD, Conn.— Lockheed Martin will acquire Black Hawk helicopter maker Sikorsky Aircraft for $9 billion as it seeks greater access to the military and commercial helicopter market. United Technologies Corp. said in June it planned to shed Sikorsky so that the aerospace and building systems conglomerate could better focus on high-technology systems for...

July 20- Lockheed Martin Corp, the Pentagon's largest arms supplier, reported a 4.5 percent rise in quarterly profit and said it was starting a strategic review of its government IT and technical services businesses. The company, which said on Monday it would buy Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp for $9 billion, said...

BETHESDA, Md. _ Lockheed Martin Corp. on Monday reported second-quarter earnings of $929 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.67 per share. Six analysts surveyed by Zacks expected $10.97 billion.

WASHINGTON, July 19- Lockheed Martin Corp, the largest U.S. weapons maker, has agreed to buy United Technologies Corp's Sikorsky Aircraft unit, the maker of Black Hawk helicopters, for over $8 billion, a source familiar with the negotiations said on Sunday. It will be Lockheed's largest acquisition since it bought Martin Marietta Corp for about $10 billion two...

WASHINGTON, July 15- The U.S. government on Wednesday said it had approved Lockheed Martin Corp to upgrade 134 U.S.-made F-16 jet fighters for South Korea with new mission computers, radars and other equipment in a deal worth an estimated $2.5 billion. South Korea initially chose the U.S. unit of Britain's BAE Systems Plc to do the upgrades, but canceled the deal in...

WASHINGTON, July 9- Lockheed Martin Corp, the Pentagon's top supplier, on Thursday said it was trying to assess the impact on its workers from a massive breach of U.S. personnel and security clearance records held by the U.S. Office of Personnel Management. The government agency on Thursday said the stolen data included Social Security numbers and other...

July 9- As United Technologies Corp nears a decision on how it will divest its Sikorsky helicopter division, the U.S. conglomerate faces challenges to its financial outlook that may limit the lift to its stock in the near term. Stock market upheaval in China and stalled sales at some of its businesses also darken the horizon. In an analyst meeting last month, it...

*Japan naval officers held meeting with NATO in May. *U.S. sees Japan leading multinational defence projects in Asia. TOKYO, July 10- Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defence project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar...

Northrop Grumman Corp, maker of the B-2 bomber, is competing against team made up of Boeing Co and Lockheed Martin Corp for a contract that could be worth $50 billion to $80 billion to the winning bidder. The two teams are competing to build 80 to 100 new bombers for the Air Force at cost of no more than $550 million per aircraft, one of few new large-scale aircraft...

WASHINGTON, July 8- A Falcon 9 rocket accident last month should not eliminate SpaceX from the competition to launch a new GPS satellite, U.S. Air Force Secretary Deborah James said on Wednesday, since there would be "plenty of time" to test the rocket before any future launch. She said the decision was in keeping with an independent report released earlier this year,...

WASHINGTON/ NEW YORK, July 8- Lockheed Martin Corp and Textron Inc have emerged as final contenders to buy United Technologies Corp's Sikorsky Aircraft business, which could be valued at around $8 billion, according to people familiar with the matter. Textron, which has a market capitalization of about $12 billion and is up against a much larger suitor, has...